Use our updates to enhance your portfolio

EMERA INC. $60 is a buy. The company (Toronto symbol EMA; Income Portfolio, Utilities sector; Shares outstanding: 256.5 million; Market cap: $15.4 billion; Price-to-sales ratio: 2.8; Dividend yield: 4.4%; TSINetwork Rating: Average; www.emera.com) owns 100% of Nova Scotia Power, that province’s main electricity supplier. It also owns 100%… Read More

Shift to green energy will benefit investors

Emera’s embrace to renewable sources of power puts it in a strong position to comply with increasingly stringent environmental regulations. That should lift its appeal with big institutional investors, who are targeting firms with high environmental, social, and governance (ESG) scores. Moreover, the company gets… Read More

These four utilities still top bonds

Although it looks like interest rates will start moving up again in 2022, we continue to prefer high-quality utility stocks over holding bonds.
The four utility stocks below are top alternatives to bonds given their long track records of increasing their dividends even as rising interest… Read More

Forget bonds, buy these three instead

We continue to recommend income-seeking investors stick with high-quality utilities (like the three we review below) instead of bonds. That’s because the increasing likelihood of rising interest rates in the next few years would hurt bond prices.
While utilities would also have to refinance their… Read More